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Average
Salary & Job Outlook
Accountants
Median wages (2005)
$52,210 annually
U.S. Minimum Wage
$10,712 Annually
The accounting pay range varies from industry to industry.
In 2005, the median pay rate for accountants was $52,210.
Along with an annual salary, experienced accountants may receive
bonuses based on accuracy of financial predictions.
Employment in accounting and is expected to grow faster than
average for all other occupations. Predictions from Nationwide
trends propose that job positions are likely to rise nineteen
percent by the year 2012. This steady job growth is due to an
increase in the number of businesses, changing financial laws
and regulations and an increasing analysis of company finances. |
What
is an accountant?
Accounting is one of the important gears the keeps
American business going. Every industry needs
accountants as a daily part of business to help in
a variety of financial areas. There are many
different types of accountants including public (CPA),
private, management and government accountants.
What do accountants do?
Accountants are dedicated to ensuring that the businesses
and organizations they work for run efficiently.
They do this by offering a growing variety of business
and accounting services to each of their clients.
- Duties people in accounting have include:
- Making
revenue forecasts
- Performing general financial analysis
- Developing
client budgets
- Analyzing financial data
- Evaluating degree of financial
risk
- Writing administrative procedures
- Appraising property
and equipment
Other responsibilities accountants have include
keeping accurate public records, making sure taxes
are paid properly and providing both internal and
external auditing services for their clients. |
